Hearing Devices 3D Printing Market
defects and an increased amount of precision . The manufacturing time will be significantly reduced and customers may even be able to print the devices themselves . Initially , this was a highly long process which took several technicians and artists around a week ’ s time . Now there are just three steps involved with the 3D printer – scan , model & print and the process can be completed in less than two days . An ageing population in countries like the U . S ., U . K , Germany , China and Japan are expected to spur demand for the hearing devices 3D printing market . The WHO estimates that more than 5 % of the global population suffers from a hearing impediment & nearly 15 % of the adult population is affected by some form of hearing loss . Increasing incidents of deafness on account of industrialisation , noise pollution , genetics , ear infections or even birth defects are all expected to boost the scope of the hearing devices 3D printing market globally .
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While the introduction of technology in any labour-intensive industry typically drives down the overall manufacturing cost , the opinion is mixed on its impact in the hearing devices 3D printing market . This is particularly important in an industry which has seen a price rise almost annually for the last 20 years ! While machines do help in reducing labour costs & improving efficiency , they also require heavy capital investment from companies . 3D hearing device printers range from anywhere between $ 20,000 to $ 200,000 dollars per unit , posing a major challenge to medical equipment manufacturers .
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